Claim Percentage definition

Claim Percentage for TIC means 100%; provided, however, in the event any other limited partner of the Partnership is an. indemnitor with respect to an Indemnity Claim, the Claim Percentage for TIC with respect to such Indemnity Claim shall be the percentage determined by dividing TIC’s Maximum Liability by the maximum liability with respect to such Indemnity Claim of all indemnitors of the related Recourse Debt.
Sample 1
Claim Percentage means 9.75% or such other percentage as the Secretary of State may notify, for the purposes of this definition, to the Lender in respect of any Annual Scheme Period as being the relevant capped claim percentage under any applicable law (provided that any such notification shall not have retrospective effect and if such a notification is made part way through an Annual Scheme Period and relates to that Annual Scheme Period then the revised percentage shall only have effect in relation to those Scheme Facilities which are offered by the Lender on or following the date specified in such notice (which such date cannot precede the date of the notice));
Sample 1
Claim Percentage means the estimated percentage of each Settlement Class Member’s total Overdraft Fees incurred during the Class Period that the Settlement Class Member identifies on the Claim Form as having been caused by one or more of the Disputed Practices.
Sample 1

Examples of Claim Percentage in a sentence

  • Acceptable Claim Percentage means each of the Claim Frequency Percentage and Claim Value Percentage being less than 1%.

  • What follows are the definitions used in the above terms and conditions – you can easily identify them, as they’re capitalised when used in the Agreement: Acceptable Claim Percentage means each of the Claim Frequency Percentage and Claim Value Percentage being less than 1%.

  • If there are duplicative claims, then when calculating the SREP Group Qualified Claim Percentage, the Claims Administrator shall not consider the claim submitted on behalf of the SREP to be a Qualified Claim.

  • Figure 2: Average Adjusted Per Capita Income by county (1999-2009) (32842.3,48172.24] (26538.88,32842.3] (22755.83,26538.88] (20627.18,22755.83] [13937.24,20627.18] Figure 3 – Average Percent with No Paycheck by County (1999-2009) (.611873,.696] (.592616,.611873] (.559291,.592616] (.518253,.559291] [.418552,.518253] 0 10 20 30 40 50 Percent Claimants Elderly in FCCD Age and County Percent Elderly 10 15 20 25 30 35 Figure 4 –Observed Elderly Claim Percentage vs.

  • The amount of the payment to the Class Member in this example would be the product of the Class Member’s Recognized Claim Percentage ($2,838 divided by the sum of all Class Members’ total Recognized Claims) multiplied by the amount of the Net Settlement Fund.

  • While the Collateral Claim Percentage and the Collateral Claim Period are intended to provide the Borrower an opportunity to provide additional Collateral in the absence of any other Event of Default, and that the concept of Liquidity Percentage is necessary and appropriate to protect the Lender against periods of high volatility and rapid changes in value of the Collateral.

  • While the Collateral Claim Percentage and the Collateral Claim Period are intended to provide the Borrower an opportunity to provide additional Collateral in the absence of any other Event of Default, the concept of Liquidity Percentage is necessary and appropriate to protect the Lender against periods of high volatility and rapid changes in value of the Collateral.

  • Each remaining Class Member’s Final Individual Dollar Recovery equals the product of his or her Recognized Claim Percentage and the Net Settlement Fund.

  • The ratio of each Class Member’s total Recognized Claims to the Class Claim equals his or her Recognized Claim Percentage.

  • Definitions Acceptable Claim Percentage means each of the Claim Frequency Percentage and Claim Value Percentage being less than 1%.


More Definitions of Claim Percentage

Claim Percentage means the proportion (expressed as a percentage) that the shares of common stock in New Seadrill to which Seller is entitled under the Plan, solely to the extent such shares are actually received by the Purchaser pursuant to the Plan, the Rights Offerings, and the terms hereof, in respect of the Claims (assuming the Note Rights Offering and Equity Rights Offering are fully subscribed) bears to the outstanding shares of common stock of New Seadrill on the 12 Month Date. For the avoidance of doubt, if the 12 Month Value is equal to or less than USD1,400,000,000 then the Profit Participation Share shall be deemed to be zero and no Profit Participation Share shall be paid. Further, if at any time up until the 12 Month Date, any change in the outstanding shares of capital stock of Seadrill shall occur, including by reason of any reclassification, recapitalization, stock split (including a reverse stock split), stock buyback, or combination, exchange, readjustment of shares, or similar transaction, or any stock dividend or distribution paid in stock, the Claim Percentage and any amounts payable as the Profit Participation Share shall be appropriately adjusted to reflect such change, with such adjustments to be agreed between Seller and Purchaser.
Sample 1
Claim Percentage means, with respect to any Commitment Party, a percentage that is the quotient of (a) the estimated amount of such Commitment Party’s unsecured Claims held as of June 17, 2019, divided by (b) the estimated unsecured Claim Claims pool, calculated as of June 24, 2019.
Sample 1

Related to Claim Percentage

  • Cash Percentage shall have the meaning specified in Section 14.02(a)(iii).

  • CAM Percentage means, as to each Lender, a fraction, expressed as a decimal, of which (a) the numerator shall be the aggregate Dollar Equivalent of the Designated Obligations owed to such Lender (whether or not at the time due and payable) immediately prior to the CAM Exchange Date and (b) the denominator shall be the aggregate Dollar Equivalent amount of the Designated Obligations owed to all the Lenders (whether or not at the time due and payable) immediately prior to the CAM Exchange Date.

  • controlling percentage means the ownership of, and the right to vote, stocks or interests possessing at least fifty percent (50%) of the total combined voting power of the limited liability company or, in the case of a corporation, of all classes of Tenant's stock issues, outstanding and permitted to vote for the election of directors of the corporation;

  • Shift Percentage As to any Distribution Date occurring during the five years beginning on the first Distribution Date, 0%. For any Distribution Date occurring on or after the fifth anniversary of the first Distribution Date as follows: for any Distribution Date in the first year thereafter, 30%; for any Distribution Date in the second year thereafter, 40%; for any Distribution Date in the third year thereafter, 60%; for any Distribution Date in the fourth year thereafter, 80%; and for any Distribution Date thereafter, 100%.

  • PO Percentage As to any Discount Mortgage Loan, a fraction (expressed as a percentage) the numerator of which is the excess of the Required Coupon over the Adjusted Net Mortgage Rate of such Discount Mortgage Loan and the denominator of which is such Required Coupon. As to any Non-Discount Mortgage Loan, 0%.

  • Sharing Percentage means, with respect to any Partner and any Portfolio Investment, a fraction, expressed as a percentage: the numerator of which is the aggregate amount of Capital Contributions made by such Partner and used to fund the cost of such Portfolio Investment; and the denominator of which is the aggregate amount of Capital Contributions made by all Partners and used to fund the cost of such Portfolio Investment.

  • Asset Percentage has the meaning specified in Section 2.05(b)(ii).

  • Premium Percentage As defined in the Insurance Agreement.

  • Allocable Percentage means, on any date of determination thereof, a fraction the denominator of which shall be equal to the number of Borrowers who are parties to this Agreement on such date and the numerator of which shall be 1; provided, however, that such percentages shall be modified in the event that contribution from a Borrower is not possible by reason of insolvency, bankruptcy or otherwise by reducing such Borrower’s Allocable Percentage equitably and by adjusting the Allocable Percentage of the other Borrowers proportionately so that the Allocable Percentages of all Borrowers at all times equals 100%.

  • Non-PO Percentage As to any Discount Mortgage Loan, a fraction (expressed as a percentage) the numerator of which is the Adjusted Net Mortgage Rate of such Discount Mortgage Loan and the denominator of which is the Required Coupon. As to any Non-Discount Mortgage Loan, 100%.

  • Specified Percentage means, as to any Lender, the percentage indicated beside its name on the signature pages hereof, or if applicable, specified in its most recent Assignment Agreement.

  • Target Percentage means those percentages assigned to Participants pursuant to Section 3.2 hereof.

  • Funding Percentage means with respect to any Payment Date, the percentage derived from the fraction the numerator of which is the Pre-Funded Amount and the denominator of which is the sum of the aggregate Principal Balance of Receivables transferred to the Trust and the Pre-Funded Amount, in each case, as of the last day of the related Collection Period.

  • Class C Percentage means at any time the percentage equivalent of a fraction, the numerator of which is the Outstanding Amount of the Class C Notes and the denominator of which is the sum of the Outstanding Amount of all the Notes.

  • Voting Percentage means, as to any Lender, (a) at any time when the Commitments are in effect, such Lender’s Pro Rata Share and (b) at any time after the termination of the Commitments, the percentage (carried out to the ninth decimal place) which (i) the sum of (A) the Outstanding Amount of such Lender’s Loans (including for purposes of this definition, such Lender’s risk participation in outstanding Swing Line Loans), plus (B) such Lender’s Pro Rata Share of the Outstanding Amount of L/C Obligations, then constitutes of (ii) the Outstanding Amount of all Loans and L/C Obligations; provided, however, that if any Lender is a Defaulting Lender, then such Lender’s Voting Percentage shall be deemed to be zero percent (0%), and the respective Pro Rata Shares and Voting Percentages of the other Lenders shall be recomputed for purposes of this definition and the definition of “Required Lenders” without regard to such Lender’s Commitment or the outstanding amount of its Loans, and L/C Advances, as the case may be; provided further that, the amount of any risk participation in any Swing Line Loan and Unreimbursed Amounts that such Defaulting Lender has failed to fund that have not been reallocated to and funded by another Lender shall be deemed to be held by the Lender that is the Swing Line Lender or L/C Issuer, as the case may be, in making such determination.

  • Final Payment Percentage is five percent (5.00%).

  • Threshold Percentage means 15%.

  • Total Percentage means, with respect to any Lender at any time, the ratio (expressed as a percentage) of such Lender’s Aggregate Exposure at such time to the Aggregate Exposure of all Lenders at such time.

  • NOLV Percentage the net orderly liquidation value of Inventory, expressed as a percentage, expected to be realized at an orderly, negotiated sale held within a reasonable period of time, net of all liquidation expenses, as determined from the most recent appraisal of Borrowers’ Inventory performed by an appraiser and on terms satisfactory to Agent.

  • Proportionate Percentage means the percentage that expresses the ratio of (x) the number of issued and outstanding shares of capital stock of the Company (on an as converted basis) then owned of record by such stockholder over (y) the aggregate number of outstanding shares of capital stock of the Company (on an as converted basis).

  • Funded Percentage means, with respect to any Lender at any time, a percentage equal to a fraction the numerator of which is the amount actually disbursed and outstanding to Borrower by such Lender at such time and the denominator of which is the total amount disbursed and outstanding to Borrower by all of the Lenders at such time.

  • Class B Percentage Any one of the Class B-1 Percentage, Class B-2 Percentage, Class B-3 Percentage, Class B-4 Percentage, Class B-5 Percentage or Class B-6 Percentage.